scorecardresearchAditya Birla Sun Life AMC Q3 PAT drops 11% to ₹166 crore

Aditya Birla Sun Life AMC Q3 PAT drops 11% to 166 crore

Updated: 28 Jan 2023, 09:56 AM IST
TL;DR.
ABSL AMC is the fourth largest asset management company in India with quarterly average assets under management of 2.82 lakh crore.
FILE PHOTO: An employee counts Indian rupee currency notes inside a private money exchange office in New Delhi July 5, 2013.  REUTERS/Adnan Abidi

FILE PHOTO: An employee counts Indian rupee currency notes inside a private money exchange office in New Delhi July 5, 2013. REUTERS/Adnan Abidi

(PTI) Aditya Birla Sun Life AMC on  Friday reported an 11 per cent decline in profit after tax (PAT) to 166.3 crore for three months ended December 2022.

In comparison, the company had posted a PAT of 186.2 crore in the same quarter of the preceding fiscal, the asset management firm said in a regulatory filing.

However, Its total income rose to 363.17 crore in the quarter under review from 353 crore a year ago.

ABSL AMC is the fourth largest asset management company in India with quarterly average assets under management of 2.82 lakh crore.

Aditya Birla Sun Life AMC -- a joint venture between Aditya Birla Capital and Sun Life (India) AMC Investments Inc -- is primarily the investment manager of Aditya Birla Sun Life Mutual Fund.

First Published: 28 Jan 2023, 09:56 AM IST